logo


Delphi Responds to GM News Release of April 23, 2009
Thursday, April 23, 2009 5:23 PM


TROY, MI -- (Marketwire) -- 04/23/09 -- Delphi Corp. (PINKSHEETS: DPHIQ) values all of its customers and has provided them, including GM, with uninterrupted supply throughout Delphi's Chapter 11 cases.

We believe that continuity of supply to GM will be best assured by resolving the issues that will allow Delphi to emerge successfully from Chapter 11.

Each of the parties have provided proposals for a potential solution that each believed would allow for the successful and rapid resolution of Delphi's Chapter 11 cases. We remain confident that continuing to aggressively work with all of the stakeholders will result in a satisfactory resolution of these issues.

Delphi believes that it is counter-productive to publicly discuss GM's or Delphi's restructuring efforts.

CONTACT:
Lindsey Williams
248.813.2528
Email Contact

(Source: Market Wire )


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia